Michael Fredrich, president of MCM Composites in Manitowoc, Wis., said his firm is getting crushed by a paperwork burden imposed by the health care overhaul law. It requires employers to report tax information about their vendors.
Fredrich said his company, which makes plastics used in a variety of products, has 375 vendors. He said it took three hours to assemble the tax information and type just 11 forms, and estimated it would take two weeks to prepare forms for all the vendors.
"This requirement, which had no place whatsoever in the health care bill, will add $2,400 to our regulatory burden," he said.
Jay Timmons, president and CEO of the National Association of Manufacturers, complained about the EPA's "continued ratcheting down of emission limits."
Timmonscalled it "shocking" that the Environmental Protection Agency took an "enormously costly" air quality standard for ozone from the Bush administration and plans to make it even more onerous, a step he estimated could cost millions of jobs down the road.
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